The Enforcement Directorate has filed a new charge sheet against Vijay Mallya as he had diverted the loan funds to his F1 and T20 IPL Team. The Liquor Baron has diverted more than Rs.3700 Crores of Bank Loan funds to his F1 Motorsport firm and T20 IPL Team Royal Challengers Bangalore.

The ED also filed a charge sheet and he is likely to be declared as a fugitive under the new Indian law. This charge sheet was filed based on a complaint they have received from the State Bank of India as Vijay Mallya caused them a loss of Rs.6027 Crores by not repaying them.

He took the loans during the period 2005-10. The Enforcement Directorate also claimed that Vijay Mallya was involved in Money Laundering through his sports-based franchises. Apart from these, he also projected his brand value of Airlines to high price as a collateral despite the Airline is suffering from deficiencies.

Hyderabad Police organized Job Connect program to provide job opportunities
Accordingly the Falaknuma police in Hyderabad organized a 'Job Connect' program at The Progress High School in Engine Bowli as part of its ‘community policing’ initiative. Meanwhile the police said that a total of 4,200 youth, both men and women holding various educational qualifications, had attended the program held between 9 am and 5 pm.